Global Ammonia Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

The use of ammonia as a refrigerant in the refrigeration and AC industries is one of the factors driving the growth of the global ammonia market. This can be attributed to its favorable heat transfer properties and lower cost of ammonia-based refrigeration solutions compared with alternatives such as dry ice.

Also, the trend of replacing CFCs with non-CFC refrigerants due to environmental concerns regarding their effect on the ozone layer is resulting in increasing adoption of ammonia by the refrigeration and AC industries.

One of the procurement best practices for buyers in the global ammonia market is to is to build in-house ammonia dilution facilities. Transportation costs are a significant cost component for suppliers, and they represent close to 15% of the total price of ammonia.

According to the report, the increasing use of ammonia as a refrigerant in the refrigeration and AC industries is one of the factors driving the growth of the global ammonia market. This can be attributed to its favorable heat transfer properties and lower cost of ammonia-based refrigeration solutions compared with alternatives such as dry ice.

Further, the report states that one of the key procurement challenges faced by buyers is the high transportation costs. Suppliers' spend on transportation is close to 15% of the total cost of the product. This includes initial investment in setting up shipping terminals, acquiring storage spaces, and laying pipelines, as production hubs of ammonia are consolidated in a few locations.